US MIDDAY: Gold drops to near 3-week low NEW YORK: Gold prices fell more than 1% to a near three-week low on Tuesday as the renomination of US Federal ... Published 24 Nov, 2021 05:18am
Markets Oil and euro slip, markets on edge over COVID-19 curbs in Europe SYDNEY: Asian stocks made a soft start to the week on Monday while oil and the euro were under pressure, as the... Published 22 Nov, 2021 10:29am
Markets Gold range-bound in Europe LONDON: Gold held in a narrow range on Thursday as investors remained torn over how fast the US Federal Reserve will... Published 19 Nov, 2021 04:35am
Markets Tech, energy sectors dent Australia shares amid rate-hike fears Australian shares dropped on Thursday, with commodity and tech stocks weighing the most, as investors feared the US... Published 18 Nov, 2021 10:13am
Opinion ‘Politics, politics, politics’ as Biden searches for Fed leader There are few apparent policy differences between the two top candidates to lead the US Federal Reserve, but that... Published 17 Nov, 2021 04:22am
Markets Short-dated German yields slump despite market rate hike bets FRANKFURT: Short-dated German bond yields fell sharply on Friday even as money markets priced two full European... Published 15 Nov, 2021 07:11am
World Dubai’s Mashreqbank hit with $100m fine in US over Sudan sanctions WASHINGTON: New York financial regulators on Tuesday hit Dubai’s Mashreqbank with a $100 million fine due to... Published 11 Nov, 2021 05:20am
Print Fed turns focus to rate debate WASHINGTON: US Federal Reserve officials on Monday turned their focus towards a debate over interest rate policy ... Updated 09 Nov, 2021 09:50am
Business & Finance Dollar hits more than 1-year peak NEW YORK: The dollar hit its highest level in more than a year on Friday after data showed more jobs were created in... Published 06 Nov, 2021 03:57am
Business & Finance Yuan touches 1-week high SHANGHAI: China’s yuan touched a near one-week high on Thursday, reflecting broad dollar weakness in global ... Published 05 Nov, 2021 04:39am
Business & Finance Weak sterling boosts FTSE 100 LONDON: London’s FTSE 100 rallied on Thursday as the pound plunged following the Bank of England’s decision to... Published 05 Nov, 2021 04:39am
Markets Japan rubber futures falls TOKYO: Japanese rubber futures fell on Thursday after the US Federal Reserve said it will start turning off the... Published 05 Nov, 2021 04:39am
Markets Big Tech, chipmakers power S&P 500, Nasdaq to record highs The S&P 500 and the Nasdaq hit record highs on Thursday on stellar earnings reports, with investors looking past... Updated 04 Nov, 2021 11:27pm
Markets European shares close at record high after Fed, BoE announcements European shares rose for a fifth straight session on Thursday to hit record highs as investors took comfort from the... Published 04 Nov, 2021 10:32pm
Markets South Korean stocks gain as Fed unveils tapering as expected The benchmark KOSPI rose 7.51 points, or 0.25%, to 2,983.22, as of 0632 GMT Published 04 Nov, 2021 12:29pm
Markets Copper rises as Fed signals no immediate rate hike Copper prices advanced on Thursday after the US Federal Reserve signalled it would stay patient before raising rates... Published 04 Nov, 2021 12:23pm
Markets Sterling, euro gain on dollar after Fed announces taper HONG KONG: The dollar lost ground on the euro and sterling on Thursday after the US Federal Reserve said it would ... Published 04 Nov, 2021 09:56am
Markets Stocks rise as Fed tapers without the tantrum, BoE up next SYDNEY: Share markets firmed on Thursday after the US Federal Reserve engineered an orderly start to unwinding its... Published 04 Nov, 2021 09:50am
Business & Finance ECB interest rate rise ‘very unlikely’ in 2022 FRANKFURT: The European Central Bank is “very unlikely” to raise its interest rates in 2022, president Christine... Published 04 Nov, 2021 04:32am
Markets Yields rise after Fed green lights taper CHICAGO: US Treasury yields rose on Wednesday after the Federal Reserve, as expected, said it will commence tapering... Published 04 Nov, 2021 12:11am
Markets European equity markets flat before Fed LONDON: Europe's main stock markets flatlined on Wednesday, before the outcome of a critical US monetary policy... Updated 03 Nov, 2021 01:44pm
Markets US MIDDAY: Gold prices slip on strong dollar NEW YORK: Gold prices fell on Tuesday as the US dollar and equities gained ahead of a much-awaited US Federal ... Published 03 Nov, 2021 03:54am
Markets Gold prices slip on strong dollar as focus turns to Fed Gold prices fell on Tuesday as the US dollar and equities gained ahead of a much-awaited US Federal Reserve meeting... Updated 03 Nov, 2021 12:07am
Markets JGB yields fall as Aussie yields steady after RBA scraps curve control TOKYO: Japanese government bond yields dipped on Tuesday as Australian bond yields eased after the country's central... Published 02 Nov, 2021 01:12pm
Markets The US Federal Reserve's take on greening the economy: Not our job The US Federal Reserve trails other major central banks in tackling climate change, even as President Joe Biden... Published 02 Nov, 2021 11:09am
Markets BoE eyes first rate rise since 2018 as inflation surges LONDON: The Bank of England could this week raise its main interest rate for the first time in more than three years... Published 02 Nov, 2021 09:34am
Markets Rouble eases past 71 vs dollar, stocks resume gains MOSCOW: The Russian rouble weakened on Monday, slipping past the 71 mark against the dollar, while stock indexes... Published 01 Nov, 2021 01:48pm
Markets US yields climb as weak GDP largely ignored, curve flattens again NEW YORK: US Treasury yields advanced on Thursday, as investors shrugged off weaker-than-expected US economic growth... Published 29 Oct, 2021 01:04am
Markets Dollar edges lower, Australian dollar calms after inflation jump LONDON: The US dollar slipped as European markets opened on Wednesday, while the Australian dollar pared gains,... Published 27 Oct, 2021 01:16pm
Markets Gold eases in Europe LONDON: Gold prices fell on Tuesday after a five-session rally, as the dollar steadied and investors awaited key... Published 27 Oct, 2021 04:50am